Monday, December 12, 2005

Forex Trade Idea Review - 12/12/05

Well, it looks like I never entered the trade. After I put up the trade idea USDCAD came withing 2 pips of my entry point. Man, if it did enter it would have been good for the 30 pips profit target. Actually, as of this moment USDCAD has stalled at the 1.1500 price level. 30 pips would have been nice, but it's time to move onto the next trade opportunity.

Well, my charting software is still no good, so I'm using my broker's charting software which will have to do for now. The only thing I can't do very easily is drawing channels, which is a pretty big part of my analysis. Hopefully, it'll be back up soon. Anybody know of any good charting software besides Xtick?? Let me know!


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